# PPP loan: MCGINNIS LOCHRIDGE LLP
> **$1.49M** approved 04/07/2020 · Paid in Full · Loan `7498227010`
## Borrower
- **Name:** MCGINNIS LOCHRIDGE LLP
- **Address:** 600 CONGRESS AVE SUITE 2100, AUSTIN, TX, 78701-0002
- **NAICS:** 541110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $243K
- **Health care:** $139K
- **Debt interest:** $8K
- **Jobs reported:** 78
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*